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Home / Technical Analysis / Candlestick patterns / Evening Star

Candlestick formation · Bearish

Evening Star

What is it, in one line

Long green, a small gapped body, then a long red close.

Bearish · 3 candles · verdict: Unresolved, not yet measured on this dataset

Bearish 3 candles Traditional claim
Schematic · the live site draws this from the rule

What has to be true

Long green, a small gapped body, then a long red close. The engine checks the formation as an executable condition over open, high, low and close, with a trend filter applied before the count is kept.

candles = 3 candles
direction = Bearish
trend filter = prior advance
forward window = 10 bars

Method

What the measurement says

Not in this package

Occurrence counts and forward returns for this formation are engine output. The design package carried the page inventory and the stylesheet, not the measured figures, so no numbers are shown here rather than invented ones.

Section-level result: across all 89 formations the mean edge over an arbitrary entry is +0.02pp, measured on 1,172,151 bars. Read this page against that finding.

Read the study →

Other 3-candle formations

All 89 →
Morning Star Long red, a small gapped body, then a long green close.
Morning Doji Star A morning star whose middle candle is a doji.
Evening Doji Star An evening star whose middle candle is a doji.
Bullish Abandoned Baby A morning doji star with gaps on both sides of the doji.

Size a trade on this setup before you take it.